All Forum Posts by: Kelby K.

Hi Sonny and welcome to BP. Congrats on your rental property! I also invested in rental properties in Austin recently and I compared quotes from 3 different agencies. Check with your home or auto insurance agent first. 

The agents will help you decide limits and answer questions you may have. The agencies I quoted were 1. Philip Doak Southwest Insurance Group 2. Ron Urias Farmers Insurance 3. Heather Fraley State Farm Insurance

Best wishes 

Hello and welcome Raymond. You're ahead of the game of other young investors with being on BP and speaking up! If you have any specific questions shoot them out and the BP community will help you grow!

All the best!

Hi Ryan and welcome to BP! What areas/cities are you looking to invest in? We moved from the Bay Area to Austin last year and transferred some of our investments here and around TX for the cash flow and appreciation reason you mentioned. The entry point is much lower here and the cash flow is much better. However, the appreciation compared to CA isn't as rapid. For us it was more of a conservative and long term approach to building a real estate portfolio. This scenario fit our current needs well. We found it helpful to recognize the balance that we were looking for and this helped us research the areas we planned to invest in. 

Best wishes!

Try Dave Bair with Berkshire Hathaway and Hong Lee with Austin Commercial Properties. They have contrasting styles which should help you narrow your search a bit.

What I did was have coffee interviews with  a handful of multi family (commercial) realtors upon arrival and chose the one that aligned the best. 

Hi Charles, welcome to Bigger Pockets. We moved to Austin tx from the Bay Area last year and invested in multi family upon arrival. If you ha e any questions about the area just let me know. I'd love to help out anyway that I can. 

Hi Heston, shoot me your contact info when you get a chance. I'd like to meet up soon. 

Good value would be getting $4,000/month. This is a bad play for cash flow considering the equity locked up. I would look into raising the rents with new tenants and pulling out some of the equity to "work" for me somewhere else. 

Hello Chai, 

I am a property owner like you in Austin. A few weeks back I met with Bo Harvel of Maximus Residential and he was a really cool guy and they seemed like they have a solid approach and business plan. Check them out online or I have his contact info. I'm still searching for a few more to compare. I'll let you know after I meet them. 

Looking forward to it. I'm planning to be there. Thanks Lynn!